S&P 500 Would Have to Climb 25% to Mimic Dot-Com-Era Hype
Stocks aren't overvalued like they were at the peak of the dot-com tech bubble based on price-to-earning ratios, SocGen analysts note.
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Stocks aren't overvalued like they were at the peak of the dot-com tech bubble based on price-to-earning ratios, SocGen analysts note.
NVIDIA's market capitalization will have to eclipse $5 trillion in just over a year for its Dotcom bubble analog to hold.
"I think, typically, we on Wall Street like to go back and look at the past peril, [and say] it's going to be exactly the same."
Today's market bears a striking resemblance to equity conditions seen before the dot-com bubble crash, JPMorgan wrote on Tuesday.
The Wall Street firm said the level of concentration in the U.S. equity markets is a key 2024 concern.